Distribution Research-The Conjuring 2
Technological advances have changed the way we view movies all over the world making them more accessible for viewers. The production company receives money from ticket sales in theaters and now from different well-known digital streaming services such as Netflix, Youtube, Flickr, and Amazon Prime Video. A mid-tier film is a film created that requires at least $35 million for production and is usually funded by production companies. The Conjuring 2 is an example of this as their film budget had a production budget of $40 million and was produced by New Line Cinema. The Conjuring 2 was released on June 10, 2016 and has a domestic total gross of $102,470,008. The film made $40,406,314 during opening weekend in 3,343 theaters. The film stayed in theaters for 11 weekends from June 10th to August 25th, 2016 and had a worldwide gross of $320,392,818 in 41 different countries. The movie then became available on streaming services such as HBO Go, Netflix, and Vudu. Overall, The Conjuring 2 generated lots of money mostly from box office sales but continues to receive money from different streaming services.
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